We all know Kylie Jenner as the youngest of the Kardashian-Jenner clan (not counting the lil’ babies), and her makeup, style and business skills are legendary. After all, she was one of the main driving forces behind the whole lip-kit trend. Needless to say, whatever Kylie wears or even touches becomes trendy and an instant must-have, and she’s taken her skills and star power to launch an empire. At just 20-years-old, Kylie has her own cosmetics line, Kylie Cosmetics, an app, a clothing line and a $900-million (about R12-billion) fortune that just earned her one of the top spots on Forbes‘ annual list of America’s Richest Self-Made Women.
Coming in at number 27 out of 60, Kylie is the youngest person to ever make the list. Other women who made it past the $320-million thresholds and earned a spot on the list include Taylor Swift, beauty mogul Huda Kattan, jewellery designer Kendra Scott, Beyoncé, and Kylie’s sister Kim Kardashian.
Of course, Kylie did have a head-start when it comes to starting her own business just from being part of the Kardashian-Jenner family, but she did work hard to make her brand what it is today. According to Forbes, $800-million (about R11-billion) of her fortune comes from Kylie Cosmetics, which she owns 100% of and constantly promotes on Snapchat and Instagram.
‘It’s incredible to be recognised for something I’m so passionate about, and I’m really grateful for that,’ Kylie told Forbes. ‘I’ve always loved makeup and worked really hard to bring the first lip kit to the market. Connecting with my fans and creating a product that excites them has been an incredible process.’
Kylie went live with Kylie Cosmetics in 2015 and started the company with $250 000 (about R3-million) of her own money, which she used to pay a company to manufacture her first 15 000 lip kits that ended up selling out in less than a minute. Since that first launch, her makeup consistently sells out and she continues to create popular products that are inspired by her family and friends.
Forbes predicted that if Kylie maintains her growth for another year, she’d be the youngest self-made billionaire in history, passing up Facebook founder Mark Zuckerberg who became a billionaire at 23. Go, head girl!
This post was originally published on Cosmopolitan.com
Read more celebs